Great point. People who peddle "investing in futures" never give a single thought to roll effects. But good luck getting that point across to many traders who think that because the futures are correlated with the underlying, they work as an investment.
As GM goes, so goes the nation.
The price of GM probably has limited downside because it will continue to be supported by the Working Group.
Nice article about this:
http://www.lewrockwell.com/decoster/decoster114.html
Risky because you may not get your money's worth. The floozy might rush you or act bored (common complaints). A great way to research all this is by reading the reviews of escorts at TheEroticReview.com
P.S. Here in Texas we have brothels that operate pretty much out in the open. For example...
http://stason.org/TULARC/investing/bonds/U-S-Treasury-Bonds.html
"Treasury securities generally are not callable prior to maturity.
The exception is that prior to 1985, the Treasury issued marketable, callable long-term bonds, and many of them remain outstanding. The Treasury can redeem...
Quote from The New Market Wizards (Stanley Druckenmiller):
"His [George Soros'] theory was that if a huge deficit were accompanied by an expansionary fiscal policy and tight monetary policy, the country's currency would actually rise."